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Ventura Cannabis and Wellness Corp CVHIF

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.


GREY:CVHIF - Post by User

Post by k26cjson Feb 06, 2018 6:18pm
211 Views
Post# 27514877

Conference Call

Conference CallOverall I think it's positive. I like how he admits to headwinds in the traditional model. I also like how he is aware that the marijuana sector trades at much higher multiples which is why they want to get in this business I'm guessing. He did say you can expect to see AR down a bit in next quarterly (correct me if im wrong) and he does seem excited about these new products. While it was positive I'm not getting excited. Talk is cheap as they say. patiently waiting for positive results. 

No mention of any new centres or anything about Florida either. 
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